Brokers and banks usually stop taking bids earlier. Check the exact time with yours.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Procurement of manufacturing machinery
Capital expenditure toward purchasing specialized extrusion and molding equipment to expand production capacity.
Repayment of outstanding debt
Prepayment or full repayment of selected secured and unsecured borrowings to lower overall interest costs.
Installation of captive solar power system
Setting up a rooftop solar panel installation to optimize energy expenses at the manufacturing unit.
Construction of pre-engineered building
Financing the construction of a Pre-Engineered Building structure to house new production lines.
General corporate purposes
Funding general corporate requirements and meeting public issue expenses.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Incorporated in March 2007 and headquartered in Silvassa, Dadra and Nagar Haveli, Shree TNB Polymers Limited is an Indian manufacturer specializing in high-performance polymer piping systems and industrial plastic solutions. Drawing upon more than two decades of technical expertise from its founding leadership, the company designs, produces, and markets an extensive array of piping products including High-Density Polyethylene (HDPE) pipes and fittings, Polypropylene (PP) and Polypropylene Homopolymer (PPH) piping, and Double Wall Corrugated (DWC) pipes engineered for heavy-duty industrial applications. The enterprise operates advanced manufacturing facilities in Silvassa equipped with automated extrusion lines and precision injection molding machinery. Beyond basic fluid conduit systems, its product catalog extends to agricultural irrigation equipment such as sprinkler pipes and drip irrigation networks, as well as solid industrial plastic sheets and corrugated flute board packaging sheets. These products are distributed under well-known internal brand names including Noble, Tirupati, and Wellpack. Shree TNB Polymers serves a diverse clientele spanning agricultural irrigation, municipal water management, industrial chemical transport, and commercial packaging sectors. The business model combines integrated polymer processing capabilities with an expansive distribution network comprising over 325 authorized dealers across western India. Proceeds from the public issue are allocated toward acquiring modern production machinery, constructing a Pre-Engineered Building facility, installing a captive rooftop solar power system, and reducing overall debt liabilities.
The company finalized an anchor investor allocation of 17,06,000 equity shares at a fixed price of Rs 53 per share, aggregating Rs 9.04 crore, on September 25, 2026.
Source: RHP • Analysis provided for informational purposes
Last Updated: 7 October 2026, 4:10 PM
Established Manufacturing Experience
The management team brings over twenty years of operational background in polymer processing and industrial piping manufacturing.
Diversified Product Offering
The company maintains a broad product catalog covering HDPE, PP, PPH, and DWC pipes along with agricultural irrigation systems and packaging sheets.
Strong Western India Distribution Network
Sales are supported by a well-entrenched network of more than 325 dealers and distributors across western Indian regional markets.
Petrochemical Raw Material Volatility
Financial performance depends on raw polymer resins, which are crude oil derivatives subject to global market price fluctuations.
Substantial Working Capital Needs
Operating the business requires sustained working capital to support inventory stocking and credit terms extended to channel partners.
Regional Market Concentration
A major portion of revenues originates from customer accounts and distribution networks located predominantly in Western India.
Shree TNB Polymers Limited
Sr. No. 132/1/1/4, Behind Prince Pipes, Athal, Silvassa - 396230, Dadra & Nagar Haveli, India
View on Maps →MUFG Intime India Private Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.